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  1. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    . If not, then the two leading candidates go into a run-off vote the following Sunday. The second... has been organised by local officials and opponents of the sell-off, a significant rejection

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  2. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    Eurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... negative one-off items, which shank to 18 million in Q1 from 575 million in Q4. The bank consolidated

    3%

  3. Greek coalition overcomes concerns about "small PPC"

    PoliticsGreek Politics

    Corporation (PPC) in the form of a smaller spin-off. Adopting the so-called “small PPC law” is one... that it would renationalise the part of the power company that is due to be sold off. It is certain, though

    3%

  4. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    if they fail to find the votes they need now but it will be difficult to fend off the jibes from... the legislation for the PPC sell off. As it tries to create connections at the societal, not just political

    3%

  5. Return of coastal bill may give SYRIZA new chance to build support
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    . This is in contrast to the PPC stand-off, where SYRIZA stood side-by-side with the electricity workers’ union (GENOP... bill is connected to the Hellenic Republic Asset Development Fund’s (HRADF) efforts to sell off

    3%

  6. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    on August 28. This year’s results include one-off items of 1.04 billion euros largely due... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room

    3%

  7. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition... one-off items), pre-provision income rose 17 percent quarter on quarter (QoQ) to 294.9 million, while

    3%

  8. Tsipras starts to flesh out SYRIZA's economic policy but questions remain

    PoliticsGreek Politics

    with the aim of the majority of Greek debt being written off. He also proposed that repayments... of their debt written off under SYRIZA’s plan. Also, when added to obligations to the state, loan payments

    3%

  9. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    that 48 billion of unpaid taxes will most likely be written-off. A similar process will also... as there is little dispute that there is a need to tend to those that have fallen off the safety net

    3%

  10. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    and non-performing loans of just 8 percent. Since then, though, the economy has fallen off the cliff... restructuring up to the last minute and in April 2011 went as far as threatening to cut off Greek banks from its

    3%